Kristen Ludgate - Jul 12, 2022 Form 4 Insider Report for HP INC (HPQ)

Role: Chief People Officer
Signature: /s/ Rick Hansen as Attorney-in-Fact for Kristen Ludgate
Stock symbol: HPQ
Transactions as of: Jul 12, 2022
Transactions value $: -$1,289,292
Form type: 4
Date filed: 7/14/2022, 05:01 PM
Previous filing: Dec 9, 2021
Next filing: Dec 9, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HPQ	Common Stock	Options Exercise	$0	+82.2K		$0.00	82.2K	Jul 12, 2022	Direct
transaction	HPQ	Common Stock	Tax liability	-$1.29M	-41.2K	-50.08%	$31.33	41K	Jul 12, 2022	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	HPQ	Restricted Stock Units	Options Exercise		-82.2K	-33.96%		160K	Jul 12, 2022	Common Stock	82.2K		Direct	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Shares withheld by HP to satisfy tax withholding upon vesting.
F2	Each restricted stock unit ("RSU") represents a contingent right to receive one share of HP common stock.
F3	As previously reported, on 07/12/2021, the reporting person was granted 239,644 RSUs, 1/3 of which vests annually over 3 years on the anniversary of the grant date. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on HP common stock. The number of derivative securities in column 5 includes 2,286 vested dividend equivalent rights.